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As a novice in foreign exchange, how many lots are reasonable for each transaction?
Let's talk about the upper and lower limits of the number of trading lots first. The minimum number of transactions on a general foreign exchange trading platform is 0.0 1 lot. That's a lot. If a standard account is used, 1 means 100000 USD, and 0.0 1 means 1000 USD, which is more than 7000 RMB.

When you want to be more exciting, you can choose a larger number of lots, but the transaction amount cannot exceed the margin amount. Some platforms will fix several optional traders.

Even if the platform is not limited, most people dare not choose such a large number of traders. You can't afford every fluctuation. For example, if you choose to trade 10 lot, 10 million dollars, then you are too nervous.

It is more reasonable to choose the number of trading lots according to the risks you can bear.

First, control the risk of a single transaction. The market recognizes that the loss of a single transaction does not exceed 5% of the total funds, thus leaving itself at least 20 trading opportunities.

Of course, you can also appropriately expand or reduce the risk of a single transaction according to your personality and risk-taking ability. We advise investors not to exceed 2% of the account funds per transaction.